United Parcel Service Inc. and FedEx Corp. shares tumbled after an analyst warned that Amazon.com Inc. is offering inexpensive and increasingly fast delivery services to third-party customers, underscoring the risk posed by the e-commerce giant to traditional shipping firms.
United Parcel Service Inc. and FedEx Corp. shares tumbled after an analyst warned that Amazon.com Inc. is offering inexpensive and increasingly fast delivery services to third-party customers, underscoring the risk posed by the e-commerce giant to traditional shipping firms.
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